Six Major Law Firms Join Tech Platform Reynen Court's Supporters
A startup that wants to transform how law firms select and deploy technology now counts four Magic Circle firms and a raft of elite U.S. firms as supporters.
April 02, 2019 at 01:00 AM
3 minute read
The original version of this story was published on Law.com
Five major U.S. firms and U.K.-based Slaughter and May have joined the effort to develop and launch Reynen Court, a U.S. legal tech platform financially backed by Clifford Chance and Latham & Watkins.
Cleary Gottlieb Steen & Hamilton, Davis Polk & Wardwell, Debevoise & Plimpton, Simpson Thacher & Bartlett and Weil, Gotshal & Manges are the latest U.S. additions to the Reynen Court consortium of supporting law firms, which now numbers 18 firms in total.
Reynen Court's aim is to provide law firms with a single platform to install, use and manage the abundance of legal tech products available to firms from various vendors—similar, in theory, to creating an “App Store” for legal tech.
A first version of the platform is due to launch between July and September this year, according to founder and CEO Andrew Klein, a former Cravath, Swaine & Moore associate.
To become a member of the consortium, he said, firms must sign a participation agreement requiring them to help the company understand the firm's current challenges with third-party legal tech vendors; to agree to launch the platform and use it in a real environment; to help the company connect with legal tech vendors who they value; and to allow Reynen Court to reference the firm's name and describe their participation in marketing the company.
Clifford Chance and Latham & Watkins, which co-invested in Reynen Court's $10 million Series A round last December and feature on the company's board, are set to be the first to adopt the new platform, along with two other consortium firms that Klein declined to name. The company will then continue to integrate the other firms onto the platform.
Klein said that the company's “challenge” now is to “stabilize the [law firms] we've committed to,” with no additional firms likely to join before the launch.
Reynen Court now counts four of the five Magic Circle firms as consortium members, with the exception of Allen & Overy.
“We had a nice meeting or two with Allen & Overy at their innovation lab,” Klein said. “I think they're doing terrific work and hopefully we get the chance to work with them in the future. At first pass they've chosen not to participate in the collaboration, but we welcome them now and in the future.”
Klein said in a statement that the new consortium firms will help “define” the requirements of the platform and help set the standards for app vendors intending to use it.
The company says the platform will make it “fast, easy and secure” for law firms to deploy legal tech, without needing to “expose firm or client content” to third-party legal tech vendors.
Reynen Court also intends to make various legal tech products “inter-operable”—a benefit that Clifford Chance chief information officer Paul Greenwood highlighted after the firm backed the company.
With the latest additions, the current consortium members are:
- Clifford Chance
- Covington & Burling
- Cravath, Swaine & Moore
- Cleary Gottlieb Steen & Hamilton
- Davis Polk & Wardwell
- Debevoise & Plimpton
- Freshfields Bruckhaus Deringer
- Gibson, Dunn & Crutcher
- Linklaters
- Latham & Watkins
- Orrick, Herrington & Sutcliffe
- Paul, Weiss, Rifkind, Wharton & Garrison
- Ropes & Gray
- Skadden, Arps, Slate, Meagher & Flom
- Simpson Thacher & Bartlett
- Slaughter and May
- Weil, Gotshal & Manges
- White & Case
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllTrending Stories
- 1Uber Files RICO Suit Against Plaintiff-Side Firms Alleging Fraudulent Injury Claims
- 2The Law Firm Disrupted: Scrutinizing the Elephant More Than the Mouse
- 3Inherent Diminished Value Damages Unavailable to 3rd-Party Claimants, Court Says
- 4Pa. Defense Firm Sued by Client Over Ex-Eagles Player's $43.5M Med Mal Win
- 5Losses Mount at Morris Manning, but Departing Ex-Chair Stays Bullish About His Old Firm's Future
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250